Jeff Benzo the richest man in the world head of Amazon, 160 billion net worth has no indication of slowing down and continues to horde it like the dragon in the hobbit sitting on top of piles of gold. Jeff Benzo is one of the few CEO who openly says his goal is to replace as many of his employees as soon as possible with robots-which is much closer than it sounds. As soon as the human hand can be automated most of his warehouse workers will be replaced within 10 years by robot which seems to be very close based on current experiments test and that allegedly the military has already figured it out. Benzo does not pay his employees well-at least lower than all his counter companies. Benzo's wealth may become boundless after the automation of his warehouse's. Not only will it drastically cut employee cost, other companies will not be able to keep up due to amazon being very far ahead in automation tech than evrey other companies-they do not share their tech-with only the US military ahead in that automation tech .
With this comment I reach 200 comments and become wise.
My thoughts on it is that deserves it.
He calculated his risk and took a shot. What we see today is the ouctome of almost 3 decades of work.
Not many people are fit for this kind of job. He is smart, focused and takes calculated risks that usually pay off. Also, he managed to keep himself off the news papers. And controls his public image very good while he cumulates more and more wealth. What is not to like about it?
He begined in his garage and now is on the top of the world in terms of wealth.
He is a successful capitalistic story.
The image of american dream.
The right person at the right time.